CAROLAN BRIAN 4
4 · SailPoint, Inc. · Filed Apr 9, 2026
Research Summary
AI-generated summary of this filing
SailPoint (SAIL) CFO Brian Carolan Sells Shares
What Happened
- Brian Carolan, Chief Financial Officer of SailPoint (SAIL), reported open-market sales of a total of 84,416 shares between April 7–9, 2026, generating aggregate proceeds of $1,015,499. Breakdown by reported trade lines:
- 04/07/2026: 18,495 shares at a weighted avg $12.72 — $235,292
- 04/08/2026: 18,477 shares at a weighted avg $12.80 — $236,517
- 04/09/2026: 45,226 shares at a weighted avg $11.42 — $516,608
- 04/09/2026: 2,218 shares at a weighted avg $12.21 — $27,082
- These are sales (not purchases) and thus are not a direct bullish signal; see footnotes below for context that these were executed under a pre-existing plan and for tax withholding.
Key Details
- Transaction dates & price ranges:
- 04/07/2026: 18,495 shares sold in multiple trades at $12.46–$13.095 (weighted avg $12.72).
- 04/08/2026: 18,477 shares sold in multiple trades at $12.40–$13.21 (weighted avg $12.80).
- 04/09/2026: 45,226 shares sold in multiple trades at $11.135–$12.01 (weighted avg $11.42).
- 04/09/2026: 2,218 shares at weighted avg $12.21.
- Shares owned after the transactions: not provided in the excerpt supplied (see the Form 4 for post-transaction holdings).
- Notable footnotes: trades were executed under a Rule 10b5-1 trading plan and included a mandatory sell-to-cover to satisfy tax withholding on vesting restricted stock units (i.e., not discretionary sales). The filing also notes weighted-average pricing and offers to provide full per-trade price/quantity details on request.
- Filing timeliness: Form 4 was filed April 9, 2026 for trades through April 9, 2026, which is within the typical reporting window.
Context
- Sales executed under a 10b5-1 plan and for tax withholding are common and do not necessarily indicate the insider’s view on company prospects. For retail investors, purchases by insiders are generally considered more informative than routine or planned sales. For full details (including pre- and post-transaction holdings), consult the complete Form 4 filing (Accession No. 0001279714-26-000018).
Insider Transaction Report
Form 4
SailPoint, Inc.SAIL
CAROLAN BRIAN
Chief Financial Officer
Transactions
- Sale
Common Stock
[F1][F2][F3]2026-04-07$12.72/sh−18,495$235,292→ 1,852,133 total - Sale
Common Stock
[F1][F3][F4]2026-04-08$12.80/sh−18,477$236,517→ 1,833,656 total - Sale
Common Stock
[F1][F3][F5]2026-04-09$11.42/sh−45,226$516,608→ 1,788,430 total - Sale
Common Stock
[F1]2026-04-09$12.21/sh−2,218$27,082→ 1,786,212 total
Footnotes (5)
- [F1]These trades were executed under a Rule 10b5-1 trading plan and pursuant to a mandatory sell-to-cover provision in the Reporting Person's underlying Restricted Stock Unit Agreement for the satisfaction of tax withholding obligations in connection with the vesting of restricted stock units and consequently do not represent discretionary trades by the Reporting Person.
- [F2]On April 7, 2026, the Reporting Person sold 18,495 shares in multiple trades at prices ranging from $12.46 to $13.095 per share.
- [F3]The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer or any security holder of the Issuer, upon request, full information regarding the number of shares and prices at which the trades were effected.
- [F4]On April 8, 2026, the Reporting Person sold 18,477 shares in multiple trades at prices ranging from $12.40 to $13.21 per share.
- [F5]On April 9, 2026, the Reporting Person sold 45,226 shares in multiple trades at prices ranging from $11.135 to $12.01 per share.
Signature
/s/ Ryan Clyde, attorney-in-fact|2026-04-09